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Earnings analysis · 10-Q

ASYS earnings analysis

Filed May 7, 2026 · Our reading of the company's report

The latest report

Amtech Systems, Inc. reported Q2 2026 results with revenue of $20.5 million and EPS of $0.08, exceeding estimates of $19.5 million and $0.05, respectively. The company reported improved operating margin at 9.1% compared…

Read full summary

Amtech Systems, Inc. reported Q2 2026 results with revenue of $20.5 million and EPS of $0.08, exceeding estimates of $19.5 million and $0.05, respectively. The company reported improved operating margin at 9.1% compared to the previous quarter, reflecting strong demand, particularly in AI-related equipment.

Read the original on SEC.gov

Gross and operating margin

How much of each revenue dollar the business keeps.

47% Gross margin Operating margin Nov 2021 May 2026

One point per quarterly or annual filing. Both margins are shares of that report's revenue.

How we read each report

Our analysis across the last few reports.

Read as bullish Read as bearish Nov 2021 May 2026

Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.

Reported figures

Earnings per share
$0.08
Operating margin
9.1%

What stood out

  • Revenue Beat Expectations

    Reported revenue was $20.5 million, surpassing the estimated $19.5 million.

  • Improved EPS Performance

    Diluted EPS was reported at $0.08, up significantly from an estimated $0.05.

  • Operating Margin Recovery

    Operating margin improved to 9.1% from 4.1% in the previous quarter.

  • Strong Cash Flow Generation

    Free cash flow was strong at $2 million, a significant recovery from the prior quarter.

  • Guidance Raised for Q3 2026

    Management raised Q3 revenue guidance to a range of $20.5 to $22.5 million.

  • Positive Segment Performance

    The company showed growth in demand for AI-related equipment driving segment performance.

What to watch

  • Geopolitical Instability

    Ongoing armed conflict involving Iran could disrupt semiconductor supply chains and increase operating costs.

  • Market Demand Volatility

    The semiconductor industry remains sensitive to geopolitical uncertainties which could affect demand.

  • Currency Fluctuation Risks

    Increased volatility in foreign currency exchange rates could have adverse financial impacts.

Management's outlook

Management raised revenue guidance for Q3 2026 to a range of $20.5 to $22.5 million.

Earlier filings 4

10-Q · February 5, 2026

Amtech Systems reported a revenue decline of 22% year-over-year in Q1 2026, totaling $18.973 million compared to $24.385 million in Q1 2025. Operating income of $775,000 and net income of $108,000 are also down from the…

10-K · December 10, 2025

Amtech’s 10-K frames strategy around AI-driven advanced packaging demand and expanding consumables & services, with Thermal Processing Solutions representing the majority of revenue (73% of 2025 consolidated net…

10-Q · August 6, 2025

Amtech reported quarterly revenue of $19.557 million and GAAP diluted EPS of $0.01 for the three months ended June 30, 2025. Gross margin expanded to 46.7% and operating income was positive $0.915 million, but…

10-Q · August 7, 2024

Amtech reported Q3 revenue of $26,749,000, down $3,991,000 (-13.0%) versus the prior-year quarter, but delivered an operating turnaround with operating income of $816,000 (3.1% margin) vs an operating loss of…

This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.